Spin Master to acquire puzzle firm 4D
Spin Master has reached an agreement to acquire Canadian-based puzzle firm 4D.
Established over a decade ago by Shaun Sakdinan, 4D disrupted the puzzle market with its 3D Cityscape puzzles. Since then, 4D has launched rafts of model construction kits replicating well-known historical landmarks, pop culture elements and movie memorabilia.
“At Spin Master, we’ve always been attracted to the timelessness and year-round enjoyment of puzzles,” said Anton Rabie, Spin Master’s Co-Founder.
“4D puzzles offers innovation for a classic pastime and puts puzzling under a new lens with new form factors, fantastic detail and a rich constructing experience. We love Shaun’s approach to creative development and as fellow entrepreneurs, have admired his journey to become a disruptive force within puzzles. We can’t wait to collaborate and grow together in our latest quest to infuse innovation into this strategic category.”
Max Rangel, Spin Master’s Global President and CEO, added: “As part of our long-term growth strategy, we’re focused on finding new pathbreaking acquisitions that will further expand our presence in key categories of play, as well as expanding our reach and connection with consumers.
“The acquisition of 4D will give Spin Master the opportunity to inject innovation into our puzzle portfolio with new form factors, iconic licenses and elevated construction models that will inspire puzzlers, kids and families to reach for new heights in their next puzzle experience.”
The acquisition is expected to close in January 2023. Following the close, 4D’s Shaun Sakdinan will join Spin Master as Senior Director of Design based in Toronto, Ontario.
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